ATN International Reports Q4 and Full-Year 2025 Results

Highlights include revenue growth, expanded Adjusted EBITDA, and progress in high-speed broadband expansion.

Published on Mar. 8, 2026

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ATN International (NASDAQ:ATNI) reported fourth-quarter and full-year 2025 results that management characterized as evidence of continued execution of its strategic plan, highlighting revenue growth in the quarter, expanded Adjusted EBITDA, improved operating income, and ongoing progress in high-speed broadband expansion. Executives also outlined a 2026 outlook that includes modest Adjusted EBITDA growth, disciplined capital spending, and the expected impact of a pending divestiture of certain U.S. tower assets.

Why it matters

ATN's results demonstrate the company's ability to navigate industry challenges and execute on its strategic priorities, which include expanding high-speed broadband access in underserved markets. The pending tower asset sale is also expected to strengthen ATN's balance sheet and support future growth initiatives.

The details

In the fourth quarter, total revenue rose 2% year-over-year to $184.2 million, driven by 3% growth in communication service revenue. Adjusted EBITDA increased 8% to $50.0 million. For the full year, revenue was 'essentially flat' at $728 million, but operating income improved to $28.4 million, and Adjusted EBITDA rose 3% to $190.0 million. The international segment saw revenue and Adjusted EBITDA growth, while the domestic segment faced some headwinds from legacy and subsidy-driven revenue streams.

  • ATN ended 2025 with $117.2 million in total cash, cash equivalents, and restricted cash, up from $89.2 million at year-end 2024.
  • ATN maintained its quarterly dividend of $0.275 per share, paid January 9, 2026, to shareholders of record as of December 31, 2025.
  • The company expects to close the initial phase of its tower asset sale in the second quarter of 2026, with additional closings over the next 12 months.

The players

ATN International

A diversified provider of telecommunications services that operates through a combination of wireless, wireline and broadband networks.

Carlos Doglioli

Chief Financial Officer of ATN International.

Brad Martin

Chief Executive Officer of ATN International.

Everest Infrastructure Partners

An affiliate company that is acquiring a portfolio of 214 Southwestern U.S. towers and related operations from ATN's Commnet subsidiaries.

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What they’re saying

“2025 was a 'turning point' as the company shifted from stabilizing the business to demonstrating progress against its strategy focused on mobility, high-speed data, and differentiated carrier and enterprise solutions.”

— Brad Martin, Chief Executive Officer (transcriptdaily.com)

“The divestiture is expected to 'modestly reduce' revenue and EBITDA associated with those assets while providing proceeds intended to strengthen the balance sheet and support growth plans.”

— Brad Martin, Chief Executive Officer (transcriptdaily.com)

What’s next

ATN expects to invest about 10% to 15% of total project costs with its own capital for BEAD-related broadband initiatives, which are expected to begin contributing to results in 2027 and beyond.

The takeaway

ATN's Q4 and full-year 2025 results demonstrate the company's ability to execute on its strategic priorities, including expanding high-speed broadband access in underserved markets. The pending tower asset sale is expected to strengthen ATN's balance sheet and support future growth initiatives.